Rio Tinto

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Execs at Coal Giant Rio Tinto Face Fraud Charges For Overstating Mine’s Worth by Billions

Reuters: The U.S. Securities and Exchange Commission (SEC) on Tuesday charged mining company Rio Tinto Plc (RIO.L) (RIO.AX) and two of its former top executives with fraud, saying they inflated the value of coal assets in Mozambique and concealed critical information while tapping the market for billions of dollars. The U.K.’s Financial Conduct Authority (FCA) […]

October 20, 2017 Read More →